JOB DESCRIPTION
Job title: Treasury Risk Manager
Corporate Title: Vice President
Department: Risk
Location: Frankfurt
Company overview
Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com
Nomura Financial Products Europe GmbH (NFPE) is the continental European entity of Nomura, headquartered in Frankfurt/Germany. NFPE offers the full range of Nomura products and services to clients based in Europe.
Department overview:
The Treasury Risk team is a department with the Risk organization responsible for acting as the second line of defense for the firm’s treasury activities. The team’s initial focus is to review and challenge the liquidity adequacy, modeling and monitoring performed by the first line teams with future expansion into all financial risks managed by the Treasury team. The role involves a diverse range of risk management responsibilities and provides exposure to individuals in treasury, other risk teams, Global Markets and senior management.
Role description:
This is for an experienced position to act as a Liquidity Risk Manager providing 2nd line oversight of the Treasury function from within the Risk Management team. It will involve the following responsibilities, amongst others:
* Contribute to global development of a 2nd line framework for oversight of liquidity risks.
* Enhance the 2nd line Legal Entity liquidity risk management framework.
* Identify and implement potential improvements in the Risk Framework management of the treasury desks. Ensure policies and procedures are in line with best practice.
* Review and ensure appropriateness of available funding and liquidity resources and plans in line with business strategies. Analyse stress scenarios and challenge liquidity adequacy.
* Support the Risk Inventory and Strategy process and review and challenge risk appetite and limit proposals. Ensure limits and controls in place are robust and support risk appetite compliance
* Identify areas of enhancement within the existing liquidity model framework and assess conceptual soundness of models and assumptions.
* Challenge explanations for changes in reported data (e.g. for limit consumptions and forecast) and escalate breaches of risk appetite.
* Represent local Risk function in related senior committees (e.g. entity ALCO, RMC)
Key objectives critical to success:
* Good prioritization skills and a strong work ethic
* Takes initiative, and is a proactive and independent worker
* Details and process orientated
* Strong communication skills to articulate requirements and concerns.
* Strong analytical skills to recognize/investigate significant issues
Skills, experience, qualifications and knowledge required:
* 5+ years of experience working for a financial services firm preferably in market risk or liquidity risk management or other relevant treasury function.
* Degree in Finance/ Accounting/ Risk Management/ Financial Mathematics, or related quantitative fields
* Knowledge of market and liquidity risk management methodologies and regulatory requirements
* Working knowledge of regulatory expectation and street wide best practice with regards to 2nd line management of Treasury desks
Nomura competencies
Trusted Partner
* Besides having a high level of expertise as a financial service professional, strive to retain clients’ trust
* Make appropriate decisions in all circumstances to ensure that Nomura will remain a Trusted Partner
Entrepreneurial leadership
* Drive change across the organization by predicting change in the environment
Teamwork
Collaboration
* Collaborate with different people across the organization, and leverage the diversity to contribute to the growth and profitability of Nomura as a whole organization
Influence
* Drive strategies and clarify responsibilities of one’s business area, and motivate others to contribute towards business success
Integrity
* Influence others to fully understand the significance and importance of corporate philosophy, professional ethic, compliance, risk management, and code of conduct, and make decisions to take actions accordingly in any circumstance
Right to Work
The candidate must be eligible to work in Germany.